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Lloyds profits fall on PPI claims – BBC News

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    Lloyds profits fall on PPI claims – BBC News

    Lloyds Banking Group has reported a 7% fall in annual pre-tax profits to £1.6bn compared with £1.8bn a year earlier. The bank increased provisions for payment protection insurance (PPI) compensation in the year to £4bn.That was after the City watchdog said it was considering a deadline on compensation claims. Lloyds…
    Read More -> Lloyds profits fall on PPI claims – BBC News


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